MECH-MIND ROBOTICS TECHNOLOGIES CO., LTD.

Cash flow Mech-Mind Robotics Technologies Co., Ltd.

Stocks

9615

CNE100007VR0

Industrial Machinery & Equipment

Market Closed - Hong Kong S.E. 01:38:03 04/09/2026 pm IST			5-day change	1st Jan Change
78.50 ^HKD	-5.25%		0.00%	-

01/09	Hong Kong Stocks Fall on Higher Bond Yields, Oil Prices; SHEIN Close Marginally Lower on Debut	MT
01/09	Shein founder Xu true to form with minimalist presence at Hong Kong listing	RE

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Published financial data: MECH-MIND ROBOTICS TECHNOLOGIES CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2023 (CNY)	2024 (CNY)	2025 (CNY)
Revenues	18Cr	27Cr	39Cr
Total Revenues	18Cr	27Cr	39Cr
Cost of Goods Sold, Total	11Cr	13Cr	14Cr
Gross Profit	7.06Cr	14Cr	25Cr
Selling General & Admin Expenses, Total	29Cr	25Cr	29Cr
Provision for Bad Debts	63.03L	49.55L	45.27L
R&D Expenses	12Cr	11Cr	11Cr
Other Operating Expenses	-32.71L	-56.98L	-1.2Cr
Other Operating Expenses, Total	41Cr	36Cr	40Cr
Operating Income	-34Cr	-22Cr	-15Cr
Interest Expense, Total	-33.36L	-33.95L	-32.3L
Interest And Investment Income	14.77L	26.51L	10L
Net Interest Expenses	-18.59L	-7L	-22.65L
Currency Exchange Gains (Loss)	2L	-4L	2L
Other Non Operating Income (Expenses)	-9L	-9L	-10L
EBT, Excl. Unusual Items	-34Cr	-22Cr	-15Cr
Gain (Loss) On Sale Of Investments	22.8L	3L	12.73L
Gain (Loss) On Sale Of Assets	-10.7L	12.83L	-1L
Other Unusual Items	-5.77Cr	-6Cr	-21Cr
EBT, Incl. Unusual Items	-40Cr	-28Cr	-36Cr
Income Tax Expense	-	-	16.03L
Earnings From Continuing Operations	-40Cr	-28Cr	-36Cr
Net Income to Company	-40Cr	-28Cr	-36Cr
Net Income - (IS)	-40Cr	-28Cr	-36Cr
Net Income to Common Incl Extra Items	-40Cr	-28Cr	-36Cr
Net Income to Common Excl. Extra Items	-40Cr	-28Cr	-36Cr
Per Share Items
Net EPS - Basic	-	-	-70.7
Basic EPS - Continuing Operations	-	-	-70.7
Basic Weighted Average Shares Outstanding	-	-	50.94L
Net EPS - Diluted	-	-	-70.7
Diluted EPS - Continuing Operations	-	-	-70.7
Diluted Weighted Average Shares Outstanding	-	-	50.94L
Normalized Basic EPS	-	-	-18.47
Normalized Diluted EPS	-	-	-18.47
Supplemental Items
EBITDA	-32Cr	-20Cr	-13Cr
EBITA	-34Cr	-22Cr	-15Cr
EBIT	-34Cr	-22Cr	-15Cr
EBITDAR	-32Cr	-20Cr	-13Cr
Effective Tax Rate - (Ratio)	-	-	-0.45
Total Current Taxes	-	-	16.03L
Normalized Net Income	-22Cr	-14Cr	-9.41Cr
Interest on Long-Term Debt	25.04L	22.11L	19.95L
Supplemental Operating Expense Items
Marketing Expenses	1.63Cr	1.42Cr	1.32Cr
Selling and Marketing Expenses	19Cr	16Cr	17Cr
General and Administrative Expenses	10Cr	8.93Cr	12Cr
Research And Development Expense From Footnotes	12Cr	11Cr	11Cr
Net Rental Expense, Total	11.25L	5L	7L
Imputed Operating Lease Interest Expense	-	5.03T	6.24T
Imputed Operating Lease Depreciation	-	5L	7L
Stock-Based Comp., Other (Total)	88.45L	90.44L	1.38Cr
Total Stock-Based Compensation	88.45L	90.44L	1.38Cr

Fiscal Period: December	2023 (CNY)	2024 (CNY)	2025 (CNY)
Assets
Cash And Equivalents	39Cr	22Cr	35Cr
Short Term Investments	3.18Cr	1.11Cr	1.2Cr
Trading Asset Securities, Total	-	7.01Cr	10Cr
Total Cash And Short Term Investments	42Cr	30Cr	46Cr
Accounts Receivable, Total	7.38Cr	12Cr	13Cr
Total Receivables	7.38Cr	12Cr	13Cr
Inventory	5.35Cr	4.62Cr	7.2Cr
Restricted Cash	4L	8T	1.16Cr
Other Current Assets, Total	1.17Cr	79.58L	1.1Cr
Total Current Assets	56Cr	48Cr	69Cr
Gross Property Plant And Equipment	15Cr	15Cr	15Cr
Accumulated Depreciation	-6.95Cr	-7.14Cr	-8.43Cr
Net Property Plant And Equipment	8.52Cr	7.38Cr	7.01Cr
Other Intangibles, Total	26.15L	11.9L	4L
Total Assets	65Cr	55Cr	76Cr
Liabilities
Accounts Payable, Total	2.81Cr	3.49Cr	3.85Cr
Accrued Expenses, Total	4.2Cr	3.86Cr	6.72Cr
Short-term Borrowings	237Cr	255.09Cr	306.5Cr
Current Portion of Leases	1.75Cr	1.42Cr	1.56Cr
Current Income Taxes Payable	44.95L	67.54L	97.31L
Unearned Revenue Current, Total	98.4L	93.95L	1.74Cr
Other Current Liabilities	56.88L	65.36L	48.97L
Total Current Liabilities	247.77Cr	266.13Cr	321.83Cr
Long-Term Leases	3.42Cr	3.22Cr	2.26Cr
Unearned Revenue Non Current	30.55L	43.29L	86.22L
Total Liabilities	251.5Cr	269.78Cr	324.96Cr
Common Stock, Total	35.25L	36.05L	50.94L
Retained Earnings	-185.34Cr	-213.67Cr	-249.69Cr
Comprehensive Income and Other	-1.77Cr	-1.41Cr	-4L
Total Common Equity	-186.75Cr	-214.72Cr	-249.22Cr
Total Equity	-186.75Cr	-214.72Cr	-249.22Cr
Total Liabilities And Equity	65Cr	55Cr	76Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	-	50.94L
ECS Total Common Shares Outstanding	-	-	50.94L
Book Value / Share	-	-	-489.24
Tangible Book Value	-187.02Cr	-214.84Cr	-249.26Cr
Tangible Book Value Per Share	-	-	-489.33
Total Debt	242.17Cr	259.72Cr	310.32Cr
Net Debt	200.14Cr	229.36Cr	263.92Cr
Debt Equivalent Oper. Leases	90L	37.2L	55.04L
Account Code - Inventory Valuation	-	-	6
Inventories - Raw Materials, Total	1.99Cr	1.66Cr	2.54Cr
Inventories - Work In Process, Total	95.93L	1Cr	1.45Cr
Inventories - Finished Goods, Total	2.99Cr	2.3Cr	3.53Cr
Machinery, Total	5.28Cr	5.75Cr	6.83Cr
Full Time Employees	-	-	619
Accumulated Allowance for Doubtful Accounts (Supple)	1.26Cr	1.76Cr	2.22Cr
Order Backlog	-	-	10Cr

Fiscal Period: December	2023 (CNY)	2024 (CNY)	2025 (CNY)
Net Income	-40Cr	-28Cr	-36Cr
Depreciation & Amortization - CF	3.76Cr	3.49Cr	2.79Cr
Amortization of Goodwill and Intangible Assets - (CF)	11.8L	14.18L	10L
Depreciation & Amortization, Total	3.88Cr	3.63Cr	2.89Cr
(Gain) Loss From Sale Of Asset	10.7L	-12.83L	1L
(Gain) Loss on Sale of Investments - (CF)	-22.8L	-3L	-12.73L
Stock-Based Compensation (CF)	88.45L	90.44L	1.38Cr
Provision and Write-off of Bad Debts	63.03L	49.55L	45.27L
Other Operating Activities, Total	6.16Cr	6.42Cr	21Cr
Change In Accounts Receivable	-1.3Cr	-4.9Cr	-1.48Cr
Change In Inventories	1.71Cr	26.31L	-2.59Cr
Change In Accounts Payable	67.51L	68.01L	35.62L
Change in Unearned Revenues	-32.36L	8L	1.23Cr
Change in Other Net Operating Assets	49.56L	34.48L	1.71Cr
Cash from Operations	-27Cr	-21Cr	-11Cr
Capital Expenditure	-1.46Cr	-86.11L	-1.81Cr
Sale of Property, Plant, and Equipment	37T	5L	2L
Investment in Marketable and Equity Securities, Total	13Cr	-4.92Cr	-2.88Cr
Cash from Investing	12Cr	-5.73Cr	-4.67Cr
Short Term Debt Issued, Total	5.47Cr	8.07Cr	6.66Cr
Total Debt Issued	5.47Cr	8.07Cr	6.66Cr
Short Term Debt Repaid, Total	-59.91L	-5.98Cr	-13Cr
Long-Term Debt Repaid, Total	-1.69Cr	-1.69Cr	-1.46Cr
Total Debt Repaid	-2.29Cr	-7.67Cr	-14Cr
Issuance of Common Stock	9.67Cr	9.9Cr	37Cr
Other Financing Activities, Total	-34.95L	-39.34L	-51.48L
Cash from Financing	12Cr	9.91Cr	28Cr
Foreign Exchange Rate Adjustments	12.88L	-20.99L	-7L
Net Change in Cash	-2.98Cr	-17Cr	13Cr
Supplemental Items
Cash Interest Paid	33.36L	33.95L	32.3L
Cash Income Tax Paid (Refund)	-	-	16.03L
Levered Free Cash Flow	-	-13Cr	-7.9Cr
Unlevered Free Cash Flow	-	-13Cr	-7.7Cr
Change In Net Working Capital	-	2.66Cr	93.51L
Net Debt Issued / Repaid	3.18Cr	40.28L	-7.7Cr

Fiscal Period: December	2023 (CNY)	2024 (CNY)	2025 (CNY)
Profitability
Return on Assets	-	-23.26	-14.09
Return on Total Capital	-	-27.74	-17.37
Return On Equity %	-	14.11	15.53
Return on Common Equity	-	14.11	15.53
Margin Analysis
Gross Profit Margin %	39.07	51.12	64.59
SG&A Margin	160.94	93.77	75.45
EBITDA Margin %	-177.34	-76.16	-34.35
EBITA Margin %	-188.45	-82.4	-37.69
EBIT Margin %	-189.1	-82.93	-37.93
Income From Continuing Operations Margin %	-221.76	-105.42	-92.64
Net Income Margin %	-221.76	-105.42	-92.64
Net Avail. For Common Margin %	-221.76	-105.42	-92.64
Normalized Net Income Margin	-119.08	-52.31	-24.2
Levered Free Cash Flow Margin	-	-48.87	-20.33
Unlevered Free Cash Flow Margin	-	-48.08	-19.81
Asset Turnover
Asset Turnover	-	0.45	0.59
Fixed Assets Turnover	-	3.38	5.41
Receivables Turnover (Average Receivables)	-	2.81	3.16
Inventory Turnover (Average Inventory)	-	2.64	2.33
Short Term Liquidity
Current Ratio	0.23	0.18	0.21
Quick Ratio	0.2	0.16	0.18
Operating Cash Flow to Current Liabilities	-0.11	-0.08	-0.03
Days Sales Outstanding (Average Receivables)	-	130.46	115.47
Days Outstanding Inventory (Average Inventory)	-	138.87	156.73
Average Days Payable Outstanding	-	93.1	81.98
Cash Conversion Cycle (Average Days)	-	176.23	190.22
Long Term Solvency
Total Debt/Equity	-129.67	-120.96	-124.52
Total Debt / Total Capital	437	577.15	507.87
LT Debt/Equity	-1.83	-1.5	-0.91
Long-Term Debt / Total Capital	6.16	7.15	3.7
Total Liabilities / Total Assets	388.47	490.01	429.05
EBIT / Interest Expense	-102.49	-65.65	-45.66
EBITDA / Interest Expense	-90.87	-54.97	-36.72
(EBITDA - Capex) / Interest Expense	-95.25	-57.5	-42.33
Total Debt / EBITDA	-7.99	-13.92	-26.17
Net Debt / EBITDA	-6.6	-12.29	-22.25
Total Debt / (EBITDA - Capex)	-7.62	-13.3	-22.7
Net Debt / (EBITDA - Capex)	-6.3	-11.75	-19.3
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	48.64	44.65
Gross Profit, 1 Yr. Growth %	-	94.49	82.77
EBITDA, 1 Yr. Growth %	-	-36.16	-34.76
EBITA, 1 Yr. Growth %	-	-35	-33.84
EBIT, 1 Yr. Growth %	-	-34.81	-33.83
Earnings From Cont. Operations, 1 Yr. Growth %	-	-29.34	27.12
Net Income, 1 Yr. Growth %	-	-29.34	27.12
Normalized Net Income, 1 Yr. Growth %	-	-34.71	-33.09
Accounts Receivable, 1 Yr. Growth %	-	59.75	8.75
Inventory, 1 Yr. Growth %	-	-13.72	56.04
Net Property, Plant and Equip., 1 Yr. Growth %	-	-13.35	-5.05
Total Assets, 1 Yr. Growth %	-	-14.96	37.57
Tangible Book Value, 1 Yr. Growth %	-	14.88	16.02
Common Equity, 1 Yr. Growth %	-	14.98	16.06
Cash From Operations, 1 Yr. Growth %	-	-24.91	-47.79
Capital Expenditures, 1 Yr. Growth %	-	-41.01	110.64
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-39.82
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-40.39
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	46.63
Gross Profit, 2 Yr. CAGR %	-	-	88.54
EBITDA, 2 Yr. CAGR %	-	-	-35.46
EBITA, 2 Yr. CAGR %	-	-	-34.43
EBIT, 2 Yr. CAGR %	-	-	-34.32
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-5.22
Net Income, 2 Yr. CAGR %	-	-	-5.22
Normalized Net Income, 2 Yr. CAGR %	-	-	-33.9
Accounts Receivable, 2 Yr. CAGR %	-	-	31.81
Inventory, 2 Yr. CAGR %	-	-	16.03
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-9.29
Total Assets, 2 Yr. CAGR %	-	-	8.16
Tangible Book Value, 2 Yr. CAGR %	-	-	15.45
Common Equity, 2 Yr. CAGR %	-	-	15.52
Cash From Operations, 2 Yr. CAGR %	-	-	-37.39
Capital Expenditures, 2 Yr. CAGR %	-	-	11.47